Bulb co-founder raises £100m for battery storage company Field Energy

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The renewable energy group founded by Amit Gudka is close to announcing a major capital injection from DIF Capital Partners, Sky News understands.

A battery storage company set up by one of the co-founders of Bulb Energy has clinched £100m of new funding as he seeks to expand it across Europe.

Sky News has learnt that Field Energy, which was set up by Amit Gudka after his departure from Bulb, has secured the capital from DIF Capital Partners, a Dutch infrastructure investor.The money will be used to accelerate the company's rollout of renewable energy infrastructure, with a string of battery storage sites already operational across the UK.

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